Calculate, to the nearest cent, the future value FV (in dollars) of an investment of $10,000 at the stated interest rate aer the stated amount of time. 7% per year, compounded daily (assume 365 days/year), af'cer 8 years PM: Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated interest rate after the stated amount of time. (Round your answer to the nearest cent.) 5 years, at 3.5% per year, compounded quarterly PM: Find the effective annual interest rate r of the given nominal annual interest rate. Round your answer to the nearest 0.01%. 8% compounded quarterly You deposit $1,000 in an account at the Lifel'ong Trust Savings and Loan that pays 5% interest compounded quarterly. By how much will your deposit have grown aFter 9 years (in dollars)? (Round your answer to the nearest cent.) $: When I was considering what to do with my $10,000 lottery winnings, my broker suggested that I invest half of it in gold, the value of which was growing by 12% per year, and the other half in certicates of deposit (CD5), which were yielding 2% per year, compounded every 6 months. Assuming that these rates are sustained, how much will my investment be worth in 4 years? (Round your answer to the nearest cent.) 1': Compute the simple interest INT for the specied length of time and the future value FV at the end of that time (in dollars). Round all answers to the nearest cent. $8,000 is invested for 3 years at 5% per year. mr=$: $3 2 Find the present value PV of the given investment. (Round your answer to the nearest cent.) An investment earns 3% per year and is worth $80,000 after 6 years. PM: Find the present value PV of the given investment. (Round your answer to the nearest cent.) An investment earns 4% per year and is worth $70,000 after 18 months. pm: Compute the specied quantity. You take out a 5 month, $4,000 loan at 8% annual simple interest. How much would you owe at the end of the 5 months (in dollars)? (Round your answer to the nearest cent.) $|:|